Vermillion Gold is an early stage gold exploration company with a land position of over 11,200 acres in the highly prospective Archean Greenstone Belts underlying the Minnesota-Ontario Border Gold Region. Vermillion also holds gold prospects in Montana for future exploration.
A Minnesota Gold Rush?
Gold exploration in northern Minnesota dates back to the 1860’s with some actual production occurring before the turn of the century. A hundred years later, interest in the region’s gold potential returned with over $20 million spent on exploration until dropping gold prices halted activities in the 1980s.
As gold prices strengthened once again, Vermillion Gold amassed a land position in seven key target areas in Minnesota’s Greenstone Belts –- each with the possibility of over 2 million ounces of gold. Since 2006, Vermillion has conducted new exploration drilling and surveying with positive results.
Download a short summary of Vermillion Gold’s activities and plans (Dec 2015).